WEBVTT - The Athlete Whisperer: Ep. 2, Victoria Secret 0:00:02.240 --> 0:00:04.160 Previously on Queen of the Khan. 0:00:05.240 --> 0:00:08.639 My name's Peggy and I'm the CEO of King Management. 0:00:08.920 --> 0:00:12.160 King Management is a company I founded because I wanted 0:00:12.200 --> 0:00:15.680 to help professional athletes manage their finances. 0:00:16.760 --> 0:00:21.120 Professional athletes like NBA superstar Dennis Rodman, who hires this 0:00:21.239 --> 0:00:24.400 beguiling money manager in two thousand and nine to take 0:00:24.400 --> 0:00:27.840 the reins of his financial life. She said she's a 0:00:27.880 --> 0:00:31.120 Harvard grad. She said she made millions of dollars on 0:00:31.160 --> 0:00:35.479 Wall Street. She said she's creating generational wealth for Dennis 0:00:35.520 --> 0:00:39.320 Rodman with savvy investments She's making all over the world. 0:00:40.000 --> 0:00:41.720 She said a lot of things. 0:00:42.280 --> 0:00:45.680 She mentioned to us to call her Raquale. 0:00:46.600 --> 0:00:50.559 But three years after Raquel aka Peggy gets power of 0:00:50.640 --> 0:00:54.680 attorney and takes full control of all of Dennis Rodman's 0:00:54.680 --> 0:00:59.040 bank accounts and finances, things start going off the rails. 0:01:00.080 --> 0:01:02.560 Who called me and say my cable is off or 0:01:02.840 --> 0:01:05.800 my power is off. He was renting out this place 0:01:05.840 --> 0:01:09.480 in Eventuro. The landlord will call me all the time, 0:01:09.640 --> 0:01:12.479 like the lake, and I'm like. 0:01:12.880 --> 0:01:15.320 What are you talking about? The rent is late. He's 0:01:15.360 --> 0:01:17.320 got plenty of money. D Rinch shouldn't be late. 0:01:28.360 --> 0:01:31.400 I'm Jonathan Walton, and this is Queen of the Khan 0:01:31.920 --> 0:01:48.880 The Athlete Whisperer Episode two, Victorious Secrets. 0:01:49.760 --> 0:01:52.960 This is Today with Savannah go Thrie. 0:01:53.240 --> 0:01:57.360 And It's twenty thirteen and Dennis Rodman is on the 0:01:57.360 --> 0:02:01.000 Today Show being interviewed by Lester Holt about all the 0:02:01.040 --> 0:02:05.120 headlines he's been making for not paying child support. At 0:02:05.160 --> 0:02:08.720 this point, the public perception is that Dennis Rodman is broke, 0:02:09.120 --> 0:02:12.640 struggling with his addiction to alcohol, and can't afford to 0:02:12.639 --> 0:02:14.600 take care of himself or his family. 0:02:15.320 --> 0:02:17.680 Are you broken? No, I'm not broke at all. 0:02:17.720 --> 0:02:19.680 I'm not one of the guys and me not the 0:02:19.680 --> 0:02:21.840 Michael Jordan money or the Scottic Pippy money. I mean 0:02:21.880 --> 0:02:24.359 a decent living in the NBA. But broke. 0:02:24.600 --> 0:02:26.520 No, I'm not broke part and person. 0:02:26.600 --> 0:02:29.040 With all your legal problems, people around you have said 0:02:29.120 --> 0:02:31.880 that you're sick, that you're not well, and they've talked 0:02:31.919 --> 0:02:34.000 specifically about your struggles with alcohol. 0:02:35.680 --> 0:02:38.240 What Lester Holt has no way of knowing here is 0:02:38.280 --> 0:02:42.480 that while Dennis Rodman does have a well documented drinking problem, 0:02:42.639 --> 0:02:45.440 according to his manager at the time, he's still making 0:02:45.560 --> 0:02:49.919 a lot of money doing movies, TV shows and public appearances. 0:02:51.160 --> 0:02:54.480 We'd go to events and sometimes they pay us in CASS. 0:02:54.880 --> 0:02:57.760 We could have one hundred thousand thousand cass. It wasn't 0:02:57.800 --> 0:02:58.720 a lot of money to us. 0:03:00.160 --> 0:03:04.680 Regardless, all that money would go straight to his financial manager, Peggy, 0:03:04.840 --> 0:03:09.720 to supposedly pay all of Dennis's bills, especially his child support. 0:03:10.160 --> 0:03:13.120 She's the one with power of attorney. She's the one 0:03:13.160 --> 0:03:16.959 depositing every dollar into his bank account, a bank account 0:03:17.000 --> 0:03:20.160 he no longer has access to. That was the arrangement 0:03:20.200 --> 0:03:24.760 he made with Peggy years earlier. Dennis Rodman didn't trust 0:03:24.840 --> 0:03:27.720 himself to be a good steward of his money, so 0:03:27.919 --> 0:03:32.040 he put all his trust in Peggy and insisted everyone 0:03:32.120 --> 0:03:33.840 around him trust her too. 0:03:35.720 --> 0:03:39.320 You have to remember, Prince Marketing Group has to send 0:03:39.320 --> 0:03:41.600 the money to wherever Dennis wants them to. 0:03:42.320 --> 0:03:45.000 Prince Marketing Group was one of the companies getting Dennis 0:03:45.080 --> 0:03:48.320 Rodman endorsement deals at the time and booking him lucrative 0:03:48.320 --> 0:03:49.440 public appearances. 0:03:49.800 --> 0:03:54.160 Their fiduciary responsibility is to Dennis. It's his decision, it's 0:03:54.240 --> 0:03:57.760 his money. He can send it anywhere he wants. I 0:03:57.920 --> 0:04:01.720 was advising him very strongly not to send it anymore 0:04:01.760 --> 0:04:05.520 to Peggy, because I just didn't have any trust in her. 0:04:06.960 --> 0:04:10.240 And at the height of his public money woes, Dennis 0:04:10.280 --> 0:04:13.640 Rodman's girlfriend at the time, Gigi, steps in and tries 0:04:13.680 --> 0:04:15.440 to get to the bottom of things. 0:04:15.880 --> 0:04:19.520 I'm calling Peggy, going, what's going on? Where's the money? 0:04:19.839 --> 0:04:23.800 I know that he just did a gig. She's like, oh, well, 0:04:23.880 --> 0:04:26.760 you know he has back taxes. All that money had 0:04:26.760 --> 0:04:30.000 to go to the irs. He doesn't have any money, Gigi. 0:04:30.040 --> 0:04:32.720 He has no money, and. 0:04:32.680 --> 0:04:34.760 I would say, how is that possible? 0:04:37.600 --> 0:04:40.480 According to Gig, Dennis is getting numb to it all 0:04:40.480 --> 0:04:44.600 at this point and resentful, but he's not necessarily angry 0:04:44.640 --> 0:04:48.440 at Peggy. He's just fed up with the situation in general. 0:04:50.240 --> 0:04:52.200 So he would go to work and he felt like 0:04:52.279 --> 0:04:56.479 he was working for free, you know. He'd go and work, 0:04:56.560 --> 0:04:59.360 do the job, and then wasn't rewarded for it because 0:04:59.400 --> 0:05:00.960 it was all according to Peggy. 0:05:01.080 --> 0:05:02.320 Oh, I'm sorry, Dennis. 0:05:02.360 --> 0:05:05.000 I'm sorry, honey, but you don't get anything this time 0:05:05.040 --> 0:05:07.839 because all this had to go here, here and here 0:05:07.880 --> 0:05:08.240 and here. 0:05:08.560 --> 0:05:10.880 So he was going like, why do I even try? 0:05:12.320 --> 0:05:15.480 And Gigi wasn't the only one taken aback by Dennis's 0:05:15.600 --> 0:05:18.679 cash flow problem. His manager at the time was also 0:05:18.800 --> 0:05:23.760 growing very very suspicious of where and how Peggy was 0:05:23.880 --> 0:05:29.080 supposedly investing all of Dennis's money, so he did some snooping. 0:05:30.360 --> 0:05:32.120 I had a buddy of mine who worked for a 0:05:32.160 --> 0:05:35.720 private investment bank, have a meeting with her, and he 0:05:35.800 --> 0:05:38.720 went and met with her, and he called me right 0:05:38.760 --> 0:05:41.160 after and he's like, she. 0:05:41.240 --> 0:05:44.919 Couldn't explain any of the investments because she always claimed 0:05:44.960 --> 0:05:47.440 that she was investing some of his money in some 0:05:47.520 --> 0:05:48.640 overseas investment. 0:05:49.520 --> 0:05:53.000 When he went to try to ascertain, okay, well, exactly 0:05:53.160 --> 0:05:56.040 what are you doing, like how are you handling it? 0:05:56.560 --> 0:05:59.360 She just couldn't speak on a very competent level as 0:05:59.400 --> 0:06:04.039 to like finance. She just didn't understand like basic finance. 0:06:04.800 --> 0:06:07.720 So there's no way she was invested this money because 0:06:07.800 --> 0:06:09.719 she couldn't even explain what she was doing. 0:06:09.920 --> 0:06:11.440 Nor did this get any reports. 0:06:12.120 --> 0:06:15.520 And that was the other troubling thing. Peggy was just 0:06:15.600 --> 0:06:18.960 not leaving any kind of paper trail at all. She 0:06:19.000 --> 0:06:21.320 didn't appear to be documenting anything. 0:06:24.839 --> 0:06:26.560 It was so ambiguous. 0:06:26.960 --> 0:06:30.200 I could never get a straight answer from anybody. And 0:06:30.279 --> 0:06:33.440 I talked to Dennis and he would say, oh, well, 0:06:33.800 --> 0:06:36.960 you know, she's handling my stuff and I'm paying her 0:06:36.960 --> 0:06:39.680 to handle it. I go, well, how much are you 0:06:39.760 --> 0:06:42.800 paying her? Like he could never really communicate to me 0:06:42.960 --> 0:06:46.919 what the arrangement was because I would ask Peggy, like, Peggy, 0:06:47.360 --> 0:06:51.280 what is the arrangement you have? Where are the documents? 0:06:51.839 --> 0:06:54.440 Where are the bank statements? And she would always have 0:06:54.520 --> 0:06:55.479 an answer for everything. 0:06:56.160 --> 0:06:59.000 And when Peggy was asked where Dennis Rodman's child support 0:06:59.000 --> 0:07:02.640 payments were, or his tax payments or his rent money. 0:07:03.440 --> 0:07:05.839 She was like the best at saying the check is 0:07:05.880 --> 0:07:06.479 in the mail. 0:07:07.240 --> 0:07:10.640 She always was like, oh, I sent it from the 0:07:10.680 --> 0:07:13.560 wrong account, or oh the wired didn't come in, or 0:07:13.640 --> 0:07:15.960 oh someone at the bank didn't whatever. 0:07:16.240 --> 0:07:17.640 The bank closed early. 0:07:19.160 --> 0:07:22.400 All of a sudden, one by one. The people in 0:07:22.440 --> 0:07:26.440 Dennis Rodman's life try to warn him about Peggy. 0:07:26.920 --> 0:07:28.840 And he would just kind of blow it off. 0:07:29.600 --> 0:07:33.400 Dennis's girlfriend at the time, Gigi, makes plea after plea 0:07:33.640 --> 0:07:34.440 after plea. 0:07:35.360 --> 0:07:38.480 I was like, Dennis, I've been telling you that this 0:07:38.560 --> 0:07:40.760 doesn't make sense. I've been telling you that I feel 0:07:40.760 --> 0:07:43.880 like Peggy's stealing. He kept saying na, na, na, and 0:07:43.960 --> 0:07:48.080 I'd say she's stealing from you, Like, literally, where's this 0:07:48.240 --> 0:07:48.880 money going? 0:07:49.600 --> 0:07:53.280 Dennis Rodman is flat out refusing to believe Peggy is 0:07:53.320 --> 0:07:56.680 doing anything wrong. After all, she's like a mother to 0:07:56.760 --> 0:07:59.600 him at this point, even though he's getting blasted in 0:07:59.640 --> 0:08:02.800 the press for not making his child support payments, which 0:08:02.920 --> 0:08:07.240 was entirely Peggy's responsibility. She's supposed to be paying all 0:08:07.360 --> 0:08:09.760 his bills, especially his child support. 0:08:11.840 --> 0:08:13.560 It's just kind of a heartless move. 0:08:14.040 --> 0:08:15.880 My buddy, Evan Goldstein, like. 0:08:15.880 --> 0:08:18.040 Steal the other shit, but like, how about you at 0:08:18.080 --> 0:08:21.120 least like stick to the paying for the little kids. 0:08:21.480 --> 0:08:21.680 You know. 0:08:21.800 --> 0:08:23.800 It's like, as a father, like shit like that pisses 0:08:23.840 --> 0:08:24.440 me off man. 0:08:24.960 --> 0:08:28.440 So I spoke to Michelle, Dennis Rodman's ex wife, and 0:08:28.720 --> 0:08:30.280 she agreed to the interview. Then she backed out of 0:08:30.320 --> 0:08:32.400 the interview, but in a half hour so I spoke 0:08:32.440 --> 0:08:35.680 to her. She did tell me she knew Peggy was 0:08:35.679 --> 0:08:38.120 a scammer from the get real. She said the minute 0:08:38.160 --> 0:08:43.040 Peggy entered their lives, the money stopped. She would get evicted, 0:08:43.120 --> 0:08:45.520 She'd be staying in motels. The money for their kids, 0:08:45.559 --> 0:08:49.120 she couldn't buy them groceries like. She talked about being 0:08:49.200 --> 0:08:52.839 in constant desperation for money from Dennis to support the 0:08:52.880 --> 0:08:55.920 kids and her that just stopped coming when Peggy came 0:08:55.960 --> 0:08:59.079 on board, so she knew Peggy was up to no good. Yea, 0:08:59.280 --> 0:09:03.760 and Michelle Rodbin blew the whistle early and often, but 0:09:03.960 --> 0:09:08.800 nobody was listening, including Dennis Rodbin. And maybe it's because 0:09:09.000 --> 0:09:11.520 by then she was his ex wife. And you know, 0:09:12.040 --> 0:09:16.120 even that title alone, it doesn't engender much like Sharster 0:09:16.240 --> 0:09:19.280 believe you think she's got an extra grind. But Dennis 0:09:19.360 --> 0:09:22.640 Rodbin's manager at the time, remembers all too well Michelle 0:09:22.720 --> 0:09:23.720 Rodbin's concerns. 0:09:24.320 --> 0:09:25.920 We're standing in the four yer of the house and 0:09:25.960 --> 0:09:29.880 Michelle pulled me aside. She said, you know, Peggy's stealing 0:09:29.880 --> 0:09:36.319 from Dennis. That's the first time anyone like said out 0:09:36.400 --> 0:09:39.520 loud what I was thinking, like, there's something off here. 0:09:40.320 --> 0:09:42.840 But she was the first one to come out and 0:09:42.960 --> 0:09:45.920 say it. And that's what started the ball rolling as 0:09:45.920 --> 0:09:49.840 far as my mindset, And it was just maddening because 0:09:50.040 --> 0:09:52.559 I'm like, Dennis, listen, man, you have got to do 0:09:52.640 --> 0:09:57.040 something about this, and he just wouldn't do it. We 0:09:57.160 --> 0:09:59.959 tried for years, years to get him to fire her. 0:10:00.480 --> 0:10:01.400 He just wouldn't do it. 0:10:03.400 --> 0:10:06.520 At this point, Peggy, in an attempt to share responsibility 0:10:06.520 --> 0:10:10.600 with Dennis's manager, or share blame tries to include him 0:10:10.679 --> 0:10:11.960 on Dennis's financials. 0:10:13.120 --> 0:10:18.560 Peggy wanted to add me onto Dennis's accounts, and I said, absolutely, 0:10:18.800 --> 0:10:22.760 under no circumstances will I be listed on any of 0:10:22.800 --> 0:10:23.480 his accounts. 0:10:24.440 --> 0:10:27.720 Little does Peggy know she's about to be found out. 0:10:28.280 --> 0:10:39.600 We'll explain how after the break. Welcome back to Queen 0:10:39.679 --> 0:10:43.880 of the Cohn. Dennis Rodman's financial manager. Peggy is doing 0:10:43.960 --> 0:10:47.400 some shady things and it's all about to catch up 0:10:47.480 --> 0:10:47.760 with her. 0:10:48.280 --> 0:10:53.720 Peggy wanted to add me onto Dennis's accounts, and I said, absolutely, 0:10:53.960 --> 0:10:57.960 under no circumstances will I be listed on any of 0:10:58.000 --> 0:10:58.679 his accounts. 0:10:59.440 --> 0:11:02.960 Around this time in twenty thirteen, Dennis Rodman hires a 0:11:03.000 --> 0:11:05.760 new attorney to go to court and make the case 0:11:05.840 --> 0:11:10.040 that his child support payments should be reduced because he's 0:11:10.080 --> 0:11:12.120 not making the kind of money he was making back 0:11:12.120 --> 0:11:14.720 in the heyday when he was playing in the NBA. 0:11:14.880 --> 0:11:18.000 He's making much less now, so his child support payment 0:11:18.040 --> 0:11:20.880 should be based on his current income and not what 0:11:21.000 --> 0:11:24.439 he was making a decade or so earlier. But by 0:11:24.559 --> 0:11:28.640 Peggy defaulting on his current child support payments, it causes 0:11:28.720 --> 0:11:31.920 a bunch of problems for Dennis that no one sees coming. 0:11:32.160 --> 0:11:35.200 According to the family attorney Dennis Hires, one. 0:11:35.160 --> 0:11:37.720 Of the major issues is when he would have to travel. 0:11:39.200 --> 0:11:41.720 Obviously he need a passport, like we all would, and 0:11:41.760 --> 0:11:45.240 if you don't pay your child support, your passport gets revoked. 0:11:45.559 --> 0:11:49.079 So that's what was consistently happening. The passport issue took 0:11:49.120 --> 0:11:52.200 on a life of its own right, So that was 0:11:52.240 --> 0:11:54.199 sort of like a case in and of itself. 0:11:54.640 --> 0:11:55.840 I was dealing with a child. 0:11:55.720 --> 0:11:59.880 Support enforcement agency and pretty much begging them please, like, 0:12:00.280 --> 0:12:03.920 let him use his passport. Here's the proof, here's the contract. 0:12:03.920 --> 0:12:06.000 He wants to make money, he wants to pay everybody, 0:12:06.559 --> 0:12:08.880 you know, so he literally would be afraid to go 0:12:08.920 --> 0:12:10.840 to the airport for fear of being stopped. 0:12:11.440 --> 0:12:14.480 It's horrible. It is a horrible situation to be in. 0:12:15.240 --> 0:12:18.120 On the bright side, though, once this new attorney starts 0:12:18.160 --> 0:12:21.400 looking into Dennis's finances to make her child support payment 0:12:21.440 --> 0:12:25.760 modification request to the court, things start unraveling. For Peggy. 0:12:26.440 --> 0:12:30.640 We were just constantly, constantly getting the run around. It 0:12:30.679 --> 0:12:33.760 was always he doesn't have the money, but yet I 0:12:33.800 --> 0:12:37.439 can't really show it. And then the last minute, these financials, 0:12:37.640 --> 0:12:40.320 if there was any type of a balance sheet or 0:12:40.400 --> 0:12:44.080 anything put together. It was just completely half assed. It 0:12:44.120 --> 0:12:47.400 was a joke. I mean, this is accounting one oh one. 0:12:47.760 --> 0:12:51.800 So she obviously was hiding something, but. 0:12:51.920 --> 0:12:55.800 Exactly what that was would take a while to figure out. 0:12:57.160 --> 0:13:00.480 What that attorney did know was. When Dennis hired Peggy 0:13:00.520 --> 0:13:02.960 to run his finances in two thousand and nine, he 0:13:03.040 --> 0:13:06.080 was one hundred thousand dollars in debt. Peggy was supposed 0:13:06.120 --> 0:13:08.560 to pay that debt down and invest the rest of 0:13:08.600 --> 0:13:13.440 his money instead, by twenty twelve, Dennis Rodman is eight 0:13:13.600 --> 0:13:16.600 hundred thousand dollars in debt and none of his bills 0:13:16.600 --> 0:13:20.360 are getting paid. And yet Dennis still refuses to believe 0:13:20.440 --> 0:13:24.840 Peggy is doing anything wrong, leaving his attorney no choice 0:13:25.040 --> 0:13:27.160 but to drag it out in public. 0:13:28.760 --> 0:13:31.240 I remember one day sitting in court in Orange County 0:13:31.280 --> 0:13:35.040 and questioning Dennis and trying to explain, you know, trying 0:13:35.080 --> 0:13:36.359 to prove his modification. 0:13:38.640 --> 0:13:41.880 So picture it. Dennis Rodman is on the stand in 0:13:41.960 --> 0:13:45.800 family court being asked about all his expenses, all the 0:13:45.960 --> 0:13:48.520 charges that are showing up on his credit card statements 0:13:48.559 --> 0:13:51.840 which are now being shown to the entire courtroom on 0:13:51.920 --> 0:13:57.760 an overhead projector. Suddenly Dennis notices several charges on his 0:13:57.800 --> 0:14:02.280 credit card for thousands of dollars at Victorious Secret, and 0:14:02.720 --> 0:14:04.360 it stuns him. 0:14:05.000 --> 0:14:08.440 He just sat back and he says, wait, wait, wait, 0:14:08.880 --> 0:14:10.760 like it was an out of body experience. 0:14:11.080 --> 0:14:11.800 He wasn't even. 0:14:11.720 --> 0:14:13.880 Really worrying about the fact that he's in the middle 0:14:13.880 --> 0:14:18.040 of his own trial. He says, I was never I've 0:14:18.080 --> 0:14:19.960 never been there, Like, that's not me. 0:14:21.760 --> 0:14:26.520 Finally, these random Victorious Secret charges seem to snap Dennis 0:14:26.600 --> 0:14:29.360 Rodman out of the Peggy induced hayes he's been in 0:14:29.680 --> 0:14:30.400 for years. 0:14:31.480 --> 0:14:34.960 And he's literally in a courtroom on record, and the 0:14:35.520 --> 0:14:38.160 lawyer is like kind of pulling a fast one, just like, 0:14:38.760 --> 0:14:41.360 let me just now that I have you sitting still 0:14:41.400 --> 0:14:45.720 here and not shotgunning a beer off of top models, 0:14:45.800 --> 0:14:51.960 you know, cleavage, Like here we go, sit right here, 0:14:52.200 --> 0:14:54.680 read these And it took that for him to go, 0:14:54.800 --> 0:14:57.440 ohh wait a second, Yeah, that's crazy. 0:14:58.720 --> 0:15:01.400 His girlfriend at the time is there when it all 0:15:01.440 --> 0:15:01.960 goes down. 0:15:03.040 --> 0:15:05.680 I remember him coming back and he was just so upset, 0:15:05.800 --> 0:15:08.160 you know, just so distraught. And in fact, he had 0:15:08.160 --> 0:15:10.160 called me at one point and said, hey, did you 0:15:10.160 --> 0:15:12.680 take my credit card? Did you spend two thousand dollars 0:15:12.680 --> 0:15:16.680 at Victoria's Secret, and I said, Dennis, wouldn't you know 0:15:16.760 --> 0:15:19.480 if I spent two thousand dollars at Victoria's Secret, wouldn't 0:15:19.480 --> 0:15:20.000 you see it? 0:15:20.400 --> 0:15:20.640 You know? 0:15:21.040 --> 0:15:23.600 So he was like kind of just caught off guard. 0:15:23.720 --> 0:15:26.720 And I think that's when he started realizing, wait a minute, 0:15:26.800 --> 0:15:29.120 I know I didn't do it. She didn't do it, 0:15:29.880 --> 0:15:32.840 And so that's when he really started going, Okay, what's 0:15:32.880 --> 0:15:33.560 going on here. 0:15:39.640 --> 0:15:43.600 It's not long after that California court appearance, Dennis is 0:15:43.720 --> 0:15:48.200 back in Miami and he's becoming increasingly frustrated with a 0:15:48.280 --> 0:15:51.800 lack of money in his life. He's working all the time, 0:15:51.960 --> 0:15:54.400 and yet he feels like he has nothing to show 0:15:54.440 --> 0:15:58.520 for it. So Dennis Rodman finally decides to take matters 0:15:58.520 --> 0:16:03.400 into his own hands. He grabs Gigi and drives to 0:16:03.480 --> 0:16:05.720 Fort Lauderdale at the crack of dawn. 0:16:08.920 --> 0:16:10.840 He and I in the early morning went to Peggy's 0:16:10.840 --> 0:16:14.000 house because he had no money, he didn't have a dollar, 0:16:16.800 --> 0:16:19.240 and he was ringing the doorbell, ringing the doorbell, and 0:16:19.280 --> 0:16:24.240 she didn't come down, she wasn't answering her phone. And 0:16:24.280 --> 0:16:26.480 then after a while she finally came to the window 0:16:26.480 --> 0:16:28.400 and she yelled out the window. She was just waking 0:16:28.480 --> 0:16:31.240 up and she had a robe on. She's like, honey, honey, 0:16:31.320 --> 0:16:34.640 I'm sleeping. You have to come back later. He was like, Hey, 0:16:35.000 --> 0:16:37.440 I have no money, what's up with that? And she 0:16:37.600 --> 0:16:40.640 was just like, Dennis, Dennis Darling, don't worry, I'm gonna 0:16:40.640 --> 0:16:41.080 fix it. 0:16:41.360 --> 0:16:43.480 Let me get up and I'll get stuff together for you. 0:16:43.520 --> 0:16:44.880 And he was irate. 0:16:48.000 --> 0:16:51.240 And in a weird twist, Peggy's brother, Elkin, was Dennis 0:16:51.320 --> 0:16:54.440 Rodman's road manager at the time and de facto best friend. 0:16:54.880 --> 0:16:58.400 Remember Elkin's the one Dennis thanks along with Peggy during 0:16:58.440 --> 0:17:01.640 his Basketball Hall of Fame speed Peggy King, Elkin King 0:17:01.720 --> 0:17:03.480 the family that these guys are taking care of me 0:17:03.520 --> 0:17:08.480 these days. Thank you, Peggy. Steve Simon Elkin works alongside 0:17:08.560 --> 0:17:11.800 his sister Peggy at King Management. At least that was 0:17:11.840 --> 0:17:13.760 the story Dennis's people were told. 0:17:14.560 --> 0:17:16.439 It was quite some time after Peggy was in the 0:17:16.480 --> 0:17:19.520 picture that Elkin was coming to town, like I had 0:17:19.520 --> 0:17:22.600 no idea who he was, And she said it was 0:17:22.640 --> 0:17:25.159 her brother was coming to town to help her with 0:17:25.200 --> 0:17:29.400 her business. And there were significant warning signs of what 0:17:29.520 --> 0:17:34.480 was to come next. Something just did not add up 0:17:34.960 --> 0:17:37.159 with Elkin's relationship with Peggy. 0:17:38.680 --> 0:17:42.040 But in no time, Elkin becomes Dennis's road manager and 0:17:42.080 --> 0:17:46.320 the two are inseparable trapesing all over the world together, 0:17:46.440 --> 0:17:50.879 doing public appearances in Russia, in North Korea, in all 0:17:51.000 --> 0:17:52.840 kinds of profitable places. 0:17:53.880 --> 0:17:57.800 My responsibilities were to like completely run Dennis. I lived 0:17:57.800 --> 0:17:59.840 in the same apartment building. I did all of the 0:18:00.560 --> 0:18:03.160 all of the security, all just basically one on one 0:18:03.240 --> 0:18:07.560 with Dennis. It's like this shit happened so fast. 0:18:07.600 --> 0:18:08.240 In my eyes. 0:18:08.520 --> 0:18:11.080 What people don't really understand is like I had a 0:18:11.119 --> 0:18:14.520 lifestyle that was roughly about fifty thousand dollars a month. 0:18:15.640 --> 0:18:18.399 Dennis and I that's what we spend. We live like 0:18:18.560 --> 0:18:23.840 king five hundred dollars breakfasts. I'm with this guy for years, 0:18:24.080 --> 0:18:27.520 and that's what Dennis spent fifty thousand dollars a month. 0:18:28.920 --> 0:18:32.800 Dennis's girlfriend at the time, Gigi, never liked Elkin at all. 0:18:33.040 --> 0:18:35.000 She had a bad feeling about. 0:18:34.800 --> 0:18:37.680 Him, and I would tell Dennis like, I don't want 0:18:37.720 --> 0:18:38.840 Elkin hanging around you. 0:18:39.160 --> 0:18:40.840 I don't want him to go on trips with you. 0:18:41.160 --> 0:18:43.280 He's not the person that should be going on trips 0:18:43.280 --> 0:18:43.520 with you. 0:18:44.359 --> 0:18:48.119 I felt like Elkin was definitely writing his coattails. He 0:18:48.200 --> 0:18:50.359 wanted to be in his realm. He wanted to be 0:18:50.400 --> 0:18:52.880 able to brag about Dennis. I felt like they were 0:18:53.000 --> 0:18:55.000 using Dennis in every aspect. 0:18:56.840 --> 0:18:57.040 Well. 0:18:57.280 --> 0:18:59.800 Unbeknownst to Dennis at the time, his road manager and 0:19:00.040 --> 0:19:03.720 yes friend Elkin, was trying to help Dennis get a 0:19:03.760 --> 0:19:06.680 handle on his money problems. Behind his back. 0:19:07.359 --> 0:19:09.800 Elkin would be like, Gigi, you know that, Like, we 0:19:09.920 --> 0:19:12.760 gotta control Dennis because he's out of control, and that 0:19:12.840 --> 0:19:14.760 means we got to control his money. We got to 0:19:14.800 --> 0:19:17.800 watch what he's doing. He can't know what's in his account. 0:19:18.080 --> 0:19:20.840 And part of me was thinking, Okay, I'm in agreement 0:19:20.880 --> 0:19:25.480 with that, because he was drinking, and I know that 0:19:25.600 --> 0:19:28.200 if we would go out, let's say he had money 0:19:28.240 --> 0:19:30.200 in his pocket, he'd want to go to the strip 0:19:30.200 --> 0:19:32.800 club and turn those into ones and throw them in 0:19:32.800 --> 0:19:37.280 the air. I understood that, so I'm in agreement with that. 0:19:38.480 --> 0:19:42.760 But shortly after, Dennis confronts Peggy outside her Fort Lauderdale 0:19:42.760 --> 0:19:45.640 mansion in the wee hours that fateful morning. 0:19:45.520 --> 0:19:48.479 He was like, Hey, I have no money, what's up 0:19:48.520 --> 0:19:48.840 with that? 0:19:49.400 --> 0:19:52.920 In a fit of rage, Dennis goes over to Elkin's place, 0:19:53.760 --> 0:19:56.879 grabs him and the three of them, Dennis, Elkin, and 0:19:57.000 --> 0:19:59.760 Gig jump in a car and start driving. 0:20:02.240 --> 0:20:04.440 So he got Elkin and said, we're going to the bank. 0:20:05.240 --> 0:20:07.320 And we went to the bank and Elkin's like, Dennis, 0:20:07.560 --> 0:20:09.440 you don't have any money, Okay. 0:20:09.400 --> 0:20:11.840 You have to just leave it alone. We'll fix it. 0:20:12.840 --> 0:20:14.800 So he gets out of the car and Elkin goes 0:20:15.560 --> 0:20:18.399 he cannot talk to those bankers. We've already told the 0:20:18.400 --> 0:20:22.200 bankers that they cannot talk to him about his finances. 0:20:22.200 --> 0:20:25.560 Needless to say, Dennis didn't get any money out of 0:20:25.560 --> 0:20:28.960 the bank that day. While the bank account was actually 0:20:28.960 --> 0:20:32.520 in his name, he was not listed as a signatory, 0:20:32.920 --> 0:20:36.840 meaning he wasn't legally allowed to withdraw money from that account. 0:20:37.280 --> 0:20:42.760 That's how Peggy had set things up. And not long 0:20:42.800 --> 0:20:46.560 after that fiasco, Dennis Rodman's attorney sends a letter to 0:20:46.640 --> 0:20:52.679 Peggy firing her, accusing her of fraud, writing, although you 0:20:52.800 --> 0:20:55.720 claim to have a graduate degree from Harvard, it's more 0:20:55.800 --> 0:20:58.200 like your resume could be a study in fictional writing 0:20:58.240 --> 0:21:01.920 at Harvard. That letter gets leaked to the press and 0:21:02.000 --> 0:21:05.040 TMZ picks it up and publishes a story about it 0:21:05.320 --> 0:21:10.199 headlined Dennis Rodman brutally fires business manager quote She's a 0:21:10.320 --> 0:21:15.080 total fraud. And you won't believe what Peggy says after 0:21:15.119 --> 0:21:25.399 the break Welcome Back to Queen of the Cohn So. 0:21:25.640 --> 0:21:29.320 TMZ runs a piece calling Peggy a total fraud. 0:21:30.840 --> 0:21:35.080 Yeah, the TMZ article, it was like a bomber gone off. 0:21:35.320 --> 0:21:38.560 It was the first public announcement that Peggy was stealing. 0:21:39.080 --> 0:21:44.800 And Peggy responds publicly accusing Dennis of lying. Dennis Rodman 0:21:44.880 --> 0:21:47.119 is out more than a million dollars at this point, 0:21:47.440 --> 0:21:50.439 and according to his manager at the time, Peggy's theft 0:21:50.880 --> 0:21:52.920 was insanely egregious. 0:21:54.160 --> 0:21:57.240 Dennis's agency within Dennis a wire of ninety thousand dollars 0:21:57.359 --> 0:22:01.240 at like, say, ten thirty in the morning. By three 0:22:01.440 --> 0:22:05.879 o'clock the same day, all ninety thousand had swept out 0:22:05.920 --> 0:22:08.840 of his account, and it shows up in Peggy's account. 0:22:09.920 --> 0:22:11.159 I mean all of it. 0:22:12.000 --> 0:22:14.199 She wouldn't even leave him a couple hundred dollars for 0:22:14.240 --> 0:22:15.000 a loaf of bread. 0:22:15.600 --> 0:22:17.520 I mean she took all of it. 0:22:18.840 --> 0:22:22.800 But the hardest blow and the biggest betrayal comes when 0:22:22.920 --> 0:22:26.840 Dennis finds out that Elkin, his road manager and best friend, 0:22:27.119 --> 0:22:34.520 who he thought was Peggy's brother, is actually her son. 0:22:34.720 --> 0:22:38.240 Dennis's manager at the time remembers Dennis's pain and anguish 0:22:38.280 --> 0:22:40.520 when that brother's son revelation came to light. 0:22:41.280 --> 0:22:43.440 I think it was devastating for Dennis emotionally. 0:22:44.160 --> 0:22:45.760 I think it was devastating. 0:22:46.480 --> 0:22:49.359 He had so much faith and trust in Peggy and 0:22:49.359 --> 0:22:52.800 Elkin and they so betrayed his trust. 0:22:53.119 --> 0:22:55.960